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69-73 Cobra Street
Dubbo NSW 2830
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Sold on 30 Nov 2023

69-73 Cobra Street Dubbo NSW 2830

  • Shop & Retail
  • 275 m²
  • Sold

Trophy Freehold Hungry Jack's Investment

    Raine & Horne Dubbo is proud to offer to the market 69 - 75 Cobra Street, Dubbo NSW for sale via our National Portfolio Auction Event.
    With a secure Head Office Lease to Hungry Jack's until 2035 providing long-term income stability and a net income of $256,790* p.a plus GST, this is a trophy set and forget investment that is not to be missed.

    Key Investment Features:
    • Secure Fifteen (15) year lease to 2035 plus three further Five (5) year options to 2050
    • Net Income of $256,790.85* per annum plus GST
    • Compounding fixed 3% annual rent increases.
    • Investor friendly net lease terms with tenant paying all usual outgoings as per lease.
    • Significant tax saving depreciation benefits
    • Hungry Jack's is the third most popular fast food franchise in Australia with an average of 4.2 million Australian customers each month and 450 stores nationally.
    • Significant 2,834* square metre land holding with a 53* metre Cobra Street frontage.
    • Superb 275 sqm* restaurant constructed in 2020 with duel lane drive through and capacity for fourteen (14) cars waiting to be served.
    • High Profile Mitchell Highway (Cobra Street) site with an average daily passing traffic count of over 19,000 vehicles passing daily.
    • Home to 55,894 people, the Dubbo region supports 26,650 jobs and has an annual economic output of $8.620 billion.

    To be sold at Public Auction - Auctionworks, 50 Margaret Street, Sydney at the Raine & Horne Commercial National Portfolio Auction.

    For more information on this outstanding property, please contact the exclusive listing agents Raine & Horne Commercial Dubbo.

    Raine & Horne Dubbo
    Raine & Horne Dubbo
    Cnr. Macquarie & Cobra Streets
    Dubbo, NSW 2830

    Property Highlights

    Date Sold30 Nov 2023
    Floor Area275 m²
    Land Area2,834 m²
    ParkingAsk Agent
    Property ID2018864463
    Category
    Last updated  10 Dec 2023
    Map for 69-73 Cobra Street Dubbo NSW 2830

    Nearest transport* to 69-73 Cobra Street Dubbo NSW 2830

    Bus
    Train
    Tram
    Ferry
    Darling St After Cobra St43 m
    Cobra St After Darling St75 m
    Darling St Before Cobra St76 m
    Darling St At Cadell St165 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    Raine & Horne Dubbo
    Raine & Horne Dubbo
    Cnr. Macquarie & Cobra Streets
    Dubbo, NSW 2830

    Property Highlights

    Date Sold30 Nov 2023
    Floor Area275 m²
    Land Area2,834 m²
    ParkingAsk Agent
    Property ID2018864463
    Category
    Last updated  10 Dec 2023

    Co-Agents

    Joe Burgun
    Raine & Horne Dubbo
    Call
    0418649871

    More about 69-73 Cobra Street Dubbo NSW 2830

    69-73 Cobra Street Dubbo NSW 2830 is categorized as Shop & Retail Property. It has a floor area of 275 m² and a land area of 2,834 m². The listing ID for this property is 2018864463.

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